Healthcare Reform Information Page

Now is the time to get started on your healthcare selections under the Affordable Care Act (Obamacare). Ready or not get it done in December, otherwise it could cost you money unnecessarily because the penalties start in January.

Drake e-Health is providing additional resources for helping you determine what amount of premium subsidy you qualify for under the Affordable Care Act. After determining your subsidy eligibility you can then continue to the marketplace to shop for a health care policy that meets your individual needs. We only found plans offered by Coventry on this website so you should check for additional resources on this page to help you find all of the available plans offered in your area.

In provider offices and clinics by mid-November and kept through March 2014

The Healthcare.gov website has recently added some helpful new features. If you just want to look at the cost of the plans available to you in your state you can do that now without having to register or create an account. Simply click here to go the health plan estimates tool. Answer a few simple questions, click next a few times and you will be presented with a comprehensive list of health plan choices available to you. There is also a Kaiser Family Foundation webtool to help you estimate the amount of subsidy for which you may be eligible. Click here to access the subsidy calculator.

Many of you may be surprised to find that you qualify for federal subsidies to help pay the cost of your health insurance. Here is a chart of the Federal Poverty Guidelines to help you evaluate where you fit in. Remember the subsidies are based on 400% of Federal Poverty Level.

Don’t miss the explanatory video at the bottom of this page. Make sure you view the short video if you are new the healthcare insurance exchange and have questions about the basic functioning of the new healthcare law.

The Healthcare Marketplace (exchange) will soon be available. Click here to begin the process of selecting your health insurance coverage. I am told that everything may not be functioning perfectly on day one, so expect a few hiccups and delays. But fear not, you have until March to get things figured out so relax and take your time. Make sure you evaluate all available options and choose the option that best meets your needs based on your medical needs, medications covered and of course the net cost of the plan. We are available to help you analyze your tax obligations under the law so give us a call if we can help.

OK this is helpful. Click here to be taken to a state by state summary of basic cost data for healthcare plans within the exchange or marketplace. Once the page loads scroll down and simply click on your state in the graphic to see the data for your location. Not all states have data.